Tag: Lending

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UK start-up Perenna secures unrestricted banking licence from FCA and PRA

Mortgage bank Perenna obtains an unrestricted banking license from the FCA and PRA, allowing it to introduce long-term fixed-rate mortgages in the UK, aiming...

Commonwealth Bank of Australia snaps up business lending platform Waddle from Xero

Commonwealth Bank of Australia (CBA) has acquired the cloud-based invoice lending platform Waddle through its venture-scaling arm x15ventures. FactsCBA acquired Waddle, a Sydney-based fintech...

Pepper Money agrees to buy HSBC’s New Zealand mortgage portfolio

Australian non-bank lender Pepper Money is set to acquire HSBC's NZ$1.4 billion mortgage portfolio in New Zealand, pending approval by the New Zealand Overseas...

Irish lender Wayflyer lands $1bn financing deal with Neuberger Berman

Wayflyer, an e-commerce financing platform, secures a $1 billion financing deal with Neuberger Berman for off-balance sheet financing to support its growth and meet...

LC Financial Holdings completes acquisition of BCM Global for undisclosed sum

LC Financial Holdings (LCFH) has completed its acquisition of BCM Global, a European credit specialist, expanding its financial services portfolio and strengthening its presence...

Ugandan fintech Asaak acquires FlexClub Mexico for undisclosed sum

Ugandan fintech firm Asaak has acquired FlexClub Mexico, renaming it Asaak Mexico, as part of its expansion into the Latin American market, aiming to...